Trading articles
Short squeezes, gamma squeezes, and the GameStop drama for NYSE:GME
Introduction Video game retailer GameStop is up nearly 800% in the last two weeks. The story of how this happened makes for both an entertaining soap opera and an educational example of some market-making forces every trader should be aware of: short squeezes and gamma squeezes. Buckle in to learn how reddit vigilantes took on activist short-sellers and caused a massive spike in a struggling retail stock. Act 1: The Citron short The story begins with a brief video released by activist …